injective

Prop 587: Token Metadata Update ( wETH )

This proposal seeks community approval to update the on-chain token metadata to correct the token’s decimals field. The token currently displays 0 decimals, which is incorrect and causes UX, accounting, and integration issues across wallets, explorers, and dApps. This update aligns the canonical metadata with the token’s intended specification on Injective-List to ensure consistent display and interpretation across the ecosystem.

  • The incorrect decimals break downstream integrations (indexers, explorers, wallets, DEX UIs, portfolio trackers) that rely on on-chain metadata.
  • The issue creates friction for partners building on Injective and for exchanges seeking accurate display and accounting.
  • Fixing the decimals ensures consistent UX, accurate accounting, and simplifies partner integrations.
Actions:
  • By voting YES on this proposal, you support updating the token’s on-chain metadata to set the correct decimals value in alignment with Injective-List.
  • By voting NO on this proposal, you do not support updating the token’s decimals and prefer retaining the current (incorrect) value of 0.
  • By voting NO WITH VETO, you consider this proposal spam/irrelevant/malicious and support burning the 500 INJ deposit, provided such votes exceed ⅓ of total voting power.
  • By voting ABSTAIN, you wish to contribute to quorum while formally declining to vote either for or against the proposal.
Disclosure: I am a member of the Injective Labs team.